Question

Under the ______ approach, businesses can cut pollution beyond what the law requires and keep these reductions for their own future use or to sell to other companies as emission offsets.A. cap and tradeB. bubble conceptC. emissions reduction bankingD. point-sourceE. marketable rights

Answer 1

Answer:

Answer is option A, i.e. cap and trade.

Explanation:

Cap and trade approach is used by various companies that works on reducing the level of pollution and puts a cap on it as per the legal requirement. In trading part, they use this reduction to receive incentives in order to reduce the pollution in a cost-effective manner.